Greece Wants to Punish Cash Payers – Bitcoin Fixes This
Greece wants to force cashless payments almost at home. Citizens of the country will have to spend 30 percent of their income without cash or they will face the necessity of … paying a penalty. The Telegraph writes about the new controversial idea of the Greek government regarding the fight against cash and the gray economy.
The desperation of power may seem odd to us, but the problem in this country is greater than you might think. Greece has suffered for years because of tax avoidance. Hence, the public apparatus almost stands on its head just to remedy this pathology. The latest idea was presented by Alex Patelis, economic advisor to Prime Minister Kiriakos Mitsotakis. He calculated that its implementation will give the budget at least EUR 0.5 billion a year.
Greece: pay by card or you’ll get a penalty
As the Telegraph informs now, the plan will supposedly be implemented next year. According to its assumptions, the Greeks will be forced to spend at least 30 percent. your income cashless – with payment cards or transfers (of course, bitcoin dice are not included). This minimum requirement will include e-commerce transactions, but also electronic bill payment. However, what if …
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